It’s only “100 deductible interest” and loan pay down. 

I feel the main reason the bank pays back taxes is to protect themselves of a tax foreclosure happening and they loose their security for the loan. 

I did get pre approval for fha loan.

Through diligent research, I successfully secured a favorable private loan and became eligible for a home loan.

GC's should not be banks - have the borrower get a loan from a bank to pay the GC (this is what I would do if I was the GC)

A "reorganization took place, one of the families left the group in exchange for the insurance proceeds and the property then had 4 owners (and 4 cottages)2000:  I bought ($42,000) my parent's share.2000-2010:  I bought the other shareholder's shares (total $300,000), leaving just me as the sole shareholder2017:  Elected to file as S corp.None of these transactions were properly recorded.2022 1120S tax return (2023 is on extension) shows:$0 income$15,000 Land (sched L, line 12)$122k Loans from me($189K) Retained earning$93K cap stock($46k) Sched m-2I have no idea how we got to these amounts.Does any of this make things easier to understand and easier to get me out of this capital gains problem (or does it just muddy things even more)?

I’ve been chatting with a fund manager about our performing notes.He asked a question I hadn’t heard before...Would we be willing to buy any loans back if the borrower goes 90 days delinquent?

It's true to factor in vacancies if more than one go vacant but it would be the same with brrrr since after you get more than property on a loan same issue.My goal is to replace my W2 income so I need more properties that produce cash flow.

I've watched all the calculator tutorials but do not know which one will be the best for me since I will not need a loan to purchase the home.

Hey BP Community,I’m fairly new to the real estate world but would like to jump in and get a head start on building wealth for an early retirement.I’m currently in my early 20’s and I’m interested in house hacking with my partner by the end of the year as a first step in investing.So far this year I have been working on building up my financial literacy and some knowledge on real estate through books and the BP podcasts.